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Natsam corporation has 250million of excess cashThe firm has no debt and 500 million shares outstanding with acurrent market price of 15 per share natsam's board has decided to pay out this cash as?
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∙ 14y ago
dividends
Wiki User
∙ 14y ago
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Who was inducted into rock and roll hall of fame in 1992?
The inductees in the 1992 class of the Rock and Roll Hall of Fame are:Bobby "Blue" BlandBooker T. and the M. G.'sJohnny CashThe Isley BrothersThe Jimi Hendrix ExperienceSam and DaveThe YardbirdsElmore James (early influence)Professor Longhair (early influence)Leo Fender (non-performer)Bill Graham (non-performer)Doc Pomus (non-performer)
Amounts owed to a vendor is it a liability asset revenue epense or divedend?
Anything "owed" is a liability to the company until it is paid.Gathering what I can from the question, I am assuming the "vendor" would be a person/company that supplies a product that another company resales for profit. In other words it is their Inventory, When the merchandise is recieved, at the moment of receipt if the amount isn't paid and is put on account (owed) then journal entry is adebit to Inventorycredit to Account Payable.Since this is a debt it is recorded as a liability, once it is paid however, the transaction goes as followsdebit to Account Payablecredit to CashThe inventory itself remains an asset until it is sold, then the asset decreases and then and only then is the cost initially paid recorded as an expense.
What is the meaning of credit and debit in business accounting?
Credit is giving money and debit is taking. A shop will debit its customers in exchange for goods and the customers will credit the shop for the goods.In Accounting:Debits represent increases in value of assets and expenses and decreases in income, liabilities and equityCredits represent increases in liabilities, equity and income and decreases in assets and expensesExample: To record the purchase for cash of office furnitureDebit Office Furniture and Credit CashThe shop example above is an excellent example of the reason accounting seems backwards to most people. The way two parties account for a transaction is a mirror image. When shops and banks tell you they are crediting your account, they are telling you how they are accounting for it, which is backwards from the way you account for it.
Can a merchant cash a check that was made out to a different merchant?
No, this isn't a good idea, especially for the merchant you've asked to cash the check.These are the variables involved in your question:You -- the one who wants cash from this piece of paperThe check signer -- the person who issued, filled out and signed the checkThe payee -- the name written on the [pay to] line on the checkThe cashing merchant -- whom you're asking to give you money (with no basis)The cashing merchant's bank -- the institution that will receive the check first in the process of crediting the merchant's accountThe check's bank -- the institution that will receive the check second in the process of confirming that the cash given in exchange for this piece of paper is available in the account upon which it was drawnHere are the steps involved in equalizing the monetary amounts involved, for example $50:You received or wrote the check expecting to turn it into $50 cashThe cashing merchant gives you $50 cash and sends the check to his/her bank, expecting the account to be credited $50The bank can reject the check, because it is made out to the payee, not to the cashing merchantSince the cashing merchant gave you cash and since the check cannot be credited to that account, the cashing merchant has lost $50, you've gained $50, and the payee has not been involved.
Car Insurance Shopping Guide For Illinois?
Illinois is an interesting state for car insurance shoppers. People who live in the Chicagoland area have a greater incentive to shop around. Insurance rates in and around the city are often very high. It is not difficult to figure out why this is the case. Getting a car insurance quote in rural Illinois is easier. Less accidents happen outside of the city. This means that insurance companies will reward you for living outside of the major traffic areas. If you want to save money like some of your peers, you need to take action. There are things that you can do in Illinois to keep your rates down.Considering a mileage limit to save cashThe public transportation system in Chicago is very good. People living there will sometimes have a car that they do not drive very often. If this is the case, then you need to consider a mileage limited policy. Many of today's insurance companies are more than willing to help you with this. The way it works is relatively simple. You agree to not drive more than 5,000 miles, for example. They will give you a lower rate because of this. The lower exposure means less risk. This is passed down to you with savings.If you are going to go with this plan, you have to be careful. Many people try to save money with this kind of plan. They then drive more than 5,000 miles. If you get into an accident and you are over the mileage limit, it may create a big problem for you. You might run into a situation where you are being accused of fraud. At the very least, the insurance company can make the determination not to pay your claim. This is a nightmare scenario that you do not want to be a part of.Looking into multiple price quotesThe last bit of advice is something that should be relatively easy to understand. Consumers are in a better position when there is greater competition in the market. This means that getting more quotes for your insurance is always the best choice. You can do this online with some of the major comparison sites today. They can open your eyes to the entire Illinois car insurance market. The more price quotes you get, the better your return will be.
Song title that begins with r?
Rainbow Vains -- Owl CityRelease Me -- AgnesRemember When -- Avril LavigneReplay -- IyazRidin' Solo -- Jason DeruloRight Round -- Flo RidaRiot -- Three Days GraceRock That Body -- Black Eyed PeasRude Boy -- RihannaRun It! -- Chris BrownRunaway -- 3 Doors Down
